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1 Comment
Matrix Composites & Engineering Ltd is currently in a long term downtrend where the price is trading 5.6% below its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
Matrix Composites & Engineering Ltd's total revenue sank by 64.4% to $8M since the same quarter in the previous year.
Its net income has dropped by 67.1% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 70.0% to $-1M since the same quarter in the previous year.
Based on the above factors, Matrix Composites & Engineering Ltd gets an overall score of 2/5.
| Industry | Engineering & Construction |
|---|---|
| Sector | Industrials |
| CurrencyCode | AUD |
| Exchange | AU |
| ISIN | AU000000MCE6 |
| Market Cap | 70M |
|---|---|
| Beta | 0.45 |
| Dividend Yield | 0.0% |
| Target Price | 0.45 |
| PE Ratio | 4.38 |
Matrix Composites & Engineering Ltd, together with its subsidiaries, designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure. The company also provides well construction and completion products, such as matrix conductor centralizers for fixed platform wells; matrix riser sealing mandrel to enhance the safety of completion and workover operations on board floating drilling units and workover vessels; and Max R low friction centralizers for well and drilling completions. In addition, it offers VIV suppression equipment for rigid pipelines. Further, the company distributes coatings, including Humiclean, an environmentally friendly, biodegradable, non-toxic, and non-VOC cleaning agent; Humidur Char, a passive fire protection product; Humidur FP, a solvent free epoxy coating; and Humidur TC, a solvent-free epoxy siloxane hybrid top coating. Additionally, it provides Matrix Fibrenetic, a rapid installation and lightweight carbon fiber repair system to remediate corroded structures; Matrix Rotolining, an internal lining system; Kinetica dropped object protection cells for protecting critical equipment and work site areas from dropped objects; Kinetic syntactic foam; and provision of inspection, maintenance, and repair services. The company was incorporated in 1990 and is headquartered in Henderson, Australia.
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